Shared Vision Wealth Group LLC Has $2.51 Million Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Shared Vision Wealth Group LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 49.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,786 shares of the company’s stock after acquiring an additional 3,253 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 1.0% of Shared Vision Wealth Group LLC’s holdings, making the stock its 26th largest holding. Shared Vision Wealth Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,514,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MTUM. Bison Wealth LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after acquiring an additional 133 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $2,488,000. Russell Investments Group Ltd. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 15.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock worth $234,000 after acquiring an additional 128 shares in the last quarter. First Trust Advisors LP acquired a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth $350,000. Finally, Qube Research & Technologies Ltd lifted its holdings in iShares MSCI USA Momentum Factor ETF by 543.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock worth $30,631,000 after buying an additional 107,665 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $306.47 on Friday. The stock’s fifty day moving average price is $283.55 and its two-hundred day moving average price is $262.53. iShares MSCI USA Momentum Factor ETF has a 52-week low of $229.29 and a 52-week high of $331.49. The company has a market cap of $22.37 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

iShares MSCI USA Momentum Factor ETF Profile

The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.